DHARSUGARNSEDharani Sugars & Chemicals Limited· SugarHighNegative
Announced Tue, 10 Feb, 2026 · 16:21 IST

Loan default of Rs 10.48 cr disclosed by Dharani Sugars

Price reaction

Awaiting price reaction for this filing.

AI summary

Dharani Sugars has disclosed a loan default of Rs 10.48 crore (principal only) to National Asset Reconstruction Company Ltd as of 31 December 2025. Interest default is nil. The default is on a secured loan of Rs 246.77 crore at 12 percent interest, part of total borrowings of about Rs 306.98 crore from banks and financial institutions.

Likely market impact

Negative signal. Default to an asset reconstruction company suggests existing financial stress and may raise concerns about future debt servicing.